[Verse 1] Sarah's startup builds the future, circuits humming algorithms bright But trolls emerge from patent shadows, threatening lawsuits overnight Twenty thousand utility claims block her innovation door While design patents guard the surfaces that customers adore [Chorus] License to innovate, negotiate the gates Utility protects the how, design protects the face Cross-license, pool the power, royalty rates per hour Patent wars or peaceful treaties - choose your licensing tower [Verse 2] Utility patents guard the function, twenty years of iron grip Methods, systems, compositions, every inventive coding flip Design patents shield aesthetics, fifteen years of visual throne Ornamental features only, not the function carved in stone [Chorus] License to innovate, negotiate the gates Utility protects the how, design protects the face Cross-license, pool the power, royalty rates per hour Patent wars or peaceful treaties - choose your licensing tower [Bridge] Compulsory when standards mandate Voluntary when parties handshake Exclusive locks competitors out Non-exclusive spreads throughout Field of use defines the boundaries Geographic limits draw the counties [Verse 3] Tech giants swap their arsenals, cross-licensing détente Startups pay the gatekeepers, royalties they can't flaunt FRAND terms keep standards flowing, reasonable rates apply While patent pools collect the fragments, sharing wealth equity [Chorus] License to innovate, negotiate the gates Utility protects the how, design protects the face Cross-license, pool the power, royalty rates per hour Patent wars or peaceful treaties - choose your licensing tower [Outro] Scope and term define your freedom Prior art builds walls of reason License smart or litigation Patent peace negotiation
← IP Licensing Fundamentals: What, Why, and When | Trademark and Brand Licensing →